2023
Exports
$2.61MWorld Rnk 38 / 140
Flag Rnk 174 / 945
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$8.93MWorld Rnk 26 / 191
Flag Rnk 496 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $2.61M in Insect Resins, making it the 38th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 174th most exported product in Bangladesh. The main destination of Insect Resins exports from Bangladesh are: India ($2.61M), Norway ($6.8k), Germany ($1.54k), and United Arab Emirates ($228).

The fastest growing export markets for Insect Resins of Bangladesh between 2022 and 2023 were India ($2.61M), Norway ($6.8k), and United Arab Emirates ($228).

Imports In 2023, Bangladesh imported $8.93M in Insect Resins, becoming the 26th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 496th most imported product in Bangladesh. Bangladesh imports Insect Resins primarily from: India ($5.77M), Indonesia ($2.75M), Malaysia ($169k), Greece ($126k), and France ($75.6k).

The fastest growing import markets in Insect Resins for Bangladesh between 2022 and 2023 were Greece ($45.5k), United Arab Emirates ($10.8k), and Germany ($6.52k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insect Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.61M
IMPORTS (2023)$8.93M
NET TRADE (2023)-$6.31M

In 2023, Bangladesh exported $2.61M in Insect Resins. The main destinations of Bangladesh exports on Insect Resins were India ($2.61M), Norway ($6.8k), Germany ($1.54k), and United Arab Emirates ($228).

In 2023, Bangladesh imported $8.93M in Insect Resins, mainly from India ($5.77M), Indonesia ($2.75M), Malaysia ($169k), Greece ($126k), and France ($75.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
India$2.61M (1%)
Norway$6.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Bangladesh WERE (2022 - 2023):
Germany-$9.02k (-85.4%)
Ireland-$32 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Insect Resins were:
In 2023, Bangladesh's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.29k
TOP IMPORT POTENTIALIndia+ $1.52M

Insect Resins’s highest export potential is Germany. With an export gap of $8.29k.   Insect Resins’s highest import potential is India with an import gap of $1.52M.

See methodology.

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